The fascination extends, of course, to prestige and sports cars their parents can’t afford and which are anything but a rarity in the Asian finance hub. Singapore has introduced Certificates of ...
How many hours do Singapore consumers spend on shopping apps?
Completing the top 10 were eBay, Nike, TikTok Seller, Amazon, and KrisPay Singapore Air. Globally, mobile shoppers are on track to spend more than 50 billion hours in shopping apps on Android phones ...
Daily Markets Briefing: STI declines 0.24%; Genting Singapore is most active stock
Genting Singapore closed trading at 2.34%. The Straits Times Index closed at 3,071.31, up 0.24% on 26 October 2023, Thursday at 5:26 p.m. Also at the top are Yangzijiang Shipbuilding (1.38%) and ...
HSBC appoints Priya Kini as head of Singapore commercial banking
Find out more about subscription packages here. HSBC Singapore has appointed Priya Kini as its head of commercial banking, with the appointment taking effect on Jan 1, 2024. Kini, now the head of ...
Singapore man gets seven years jail for killing pregnant wife, after attempted suicide when accounting error made him think business was doomed
Thinking that the company he was running wasn’t doing well and that his own suicide over it might bring shame to his pregnant wife, David Brian ...
Taylor Swift Mania Sparks Jump in Singapore Bank’s Card Fees
Taylor Swift’s tie-up with the third-largest bank in Singapore propelled the lender’s credit card fees to a record in the third quarter, the latest example of the pop star’s extraordinary economic ...
UOB sees stronger loan and fee growth in 2024; Q3 core net profit up 5%
SINGAPORE – UOB is expecting better loan and fee growth in 2024, saying that while the macroeconomic outlook is uncertain, the Asean region remains a bright spot. Deputy chairman and chief executive ...
Singapore’s factory output decline moderates to 2.1% as electronics production picks up
Find out more about subscription packages here. SINGAPORE’S manufacturing output slid 2.1 per cent on year (yoy) in September, easing from August’s 11.6 per cent decline as electronics output climbed, ...
Singapore factory output narrows drop in September as electronics recovers
SINGAPORE – Singapore’s manufacturing performance in September is fuelling hopes of a turnaround after a year-long slump as electronics, and especially semiconductor, demand recovered. Total factory ...
Singapore’s factory activity sees positive growth after six months
Singapore’s factory activity grew for the first time in six months, signalling that the slump in manufacturing may have bottomed out, even as the electronics industry continued to show contraction, ...
Mourant Set To Launch In Singapore with Funds Partner Hire from Maples
“We will also be looking for banking and finance mandates, as well as corporate work generally, so it is a mirror image of what we are already doing in Hong Kong,’ he added. Luton will be in charge of ...
Daily Cuts – Behind rising retrenchment in Singapore
Singapore Today's Lance Alexander and Hui Wong speak with Alvin Liew, Senior Economist, UOB, about why retrenchments here rose in September. Chief Executive John Lee’s second policy address focused on ... ( read original story ...)
Banks and telcos to be held jointly responsible for phishing scams in Singapore
The Monetary Authority of Singapore (MAS) and Infocomm Media Development Authority (IMDA) today published a joint consultation paper proposing a Shared Responsibility Framework (SRF) for phishing ...
U.S. and China commercial property markets face headwinds but UOB is optimistic on Southeast Asia
Commercial real estate markets in the U.S. and China are economic pain points to monitor in a higher-for-longer rate environment, said Singapore's United Overseas Bank. But the bank remains optimistic ...
Singapore bank UOB sees stronger 2024 outlook, Q3 net profit trails estimate
SINGAPORE: Singapore's United Overseas Bank (UOB) expected a stronger outlook for next year including better loan and fees growth, as it reported on Thursday (Oct 26) a weaker-than-expected 1 per cent ...
UOB’s Core Net Profit Rises to S$1.48 Billion: 5 Highlights from the Bank’s Latest Business Update
The lender expects margins to remain firm with fee income increasing by double-digits for 2024. The post UOB’s Core Net Profit Rises to S$1.48 Billion: 5 Highlights from the Bank’s Latest Business ...